India an outlier in global real estate performance
India stands as an outlier in the global real estate market, which is just returning to normalcy with some uptick in transaction volumes, the confidence coming back with prospects of a reduction in interest rates. “The best performing markets in our network at the moment are India and the Middle East,” Knight Frank’s Senior Partner and Group Chair, William Beardmore-Gray told businessline.
80% Of Indian Buyers Choose To Own Over Rent
79 per cent prefer home loans to finance their property purchases. Key reasons include competitive interest rates, flexibility in loan tenure, and a long repayment period of up to 30 years, making repayments manageable. Additionally, home loans offer tax benefits and do not typically incur penalties for early repayment, adding to their popularity.
Quick And Easy Home Decor Tips For Diwali
With Diwali 2024 approaching, it’s the perfect time to spruce up your living spaces with vibrant and creative decor that captures the essence of this festival. Whether you’re looking for simple DIY solutions or elegant touches, these quick and easy home decor tips will help you create a warm, festive atmosphere without much hassle.
Goa has emerged as a popular destination for holiday homes
One of the reasons for preferring Goa is higher rental yields compared to other parts of India. Residential yields are highest in Goa. While outside it’s in the range of 2-3%, in Goa, the yield is in the range of 5-6%, almost double.
NRIs are buying more houses in India than before
Investments by non-resident Indians (NRIs) into the Indian real estate market has surged over the past 20 months, growing at 15-20 per cent and their share in total investments in the sector is expected to rise to a fifth from 10-15 per cent earlier. In 2023, NRIs invested over $13 billion in real estate and by 2025, their investments are expected to account for 20 per cent of total real estate investments in India.
India third favourite spot for global real estate investments
India is quickly becoming a favourite spot for foreign investors who want to put their money into land and development projects. In fact, it’s ranked third globally for such investments in 2024, according to a report by Colliers.
Here’s How To Calculate Capital Gains Tax Post Budget 2024
The 2024 Union Budget of India has introduced sweeping changes to the capital gains tax framework, impacting a broad spectrum of taxpayers with investments in stocks, mutual funds, real estate, bonds, gold, and more. The primary goal appears to simplify the calculation of capital gains, which was previously complicated by varying tax rates, holding periods ranging from 12 to 36 months depending on the asset, and rules around cost indexation. This revision aims to streamline the entire process for better clarity and ease of compliance.
Goa’s Luxury Real Estate Boom: A new hotspot for high-end homebuyers
Goa, a beautiful coastal state on India’s west coast, has always been a popular tourist destination. But lately, it’s become a hot spot for a different kind of visitor: the luxury home buyer.
Goa, India’s hottest beach destination, transforms into a premier real estate hotspot
Goa’s appeal is now extending beyond holidaymakers and retirees. Real estate developers from across the country are gearing up to launch projects in the popular holiday destination, led by high demand from wealthy individuals and non-resident Indians.
Work-from-a-Second-Home Trend in Goa Boosts Property Investment and Rental Yields
The rise of remote work has significantly reshaped the real estate landscape in Goa. Traditionally known as a holiday destination, Goa has now become a preferred location for professionals seeking a blend of work and leisure. The increasing demand for high-end villas and apartments, particularly in scenic areas of North Goa, has led to substantial rental yield growth for investors.